Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
News Briefs July 31- Chinese Manufacturers Make Global Moves Updated On Wed, Jul 31st, 2024 by Saurenergy From Jinko in Spain to Drinda in Oman, or Power China in the UAE, it’s been a week when China’s many solar manufacturers have made big moves globally to align themselves to emerging opportunities and challenges. Earlier last week, Saudi Arabia’s PIF fund had also announced some major manufacturing plans for the kingdom with leading […] Read more
Q1 Results: Waaree Renewable Reports 85% Rise In Revenues On YoY Updated On Tue, Jul 30th, 2024 by Saurenergy Waaree Renewable today published its financial results for the first quarter (Q1) of Financial Year 2024-25. The details furnished by the Indian renewable energy company revealed that the company registered a 84 percent growth in its total revenues on a Year-on-Year (YoY) basis. On the other side, on a Quarter-on-Quarter (QoQ) basis, the firm reported […] Read more
Heliene And Premier Energies Partner To Build US PV Cell Facility Updated On Mon, Jul 29th, 2024 by Saurenergy Canadian solar module manufacturing firm Heliene recently collaborated with Premier Energies to create a solar cell manufacturing facility in the US. Under the terms of a recently executed agreement, the new facility can produce an annual aggregate capacity of 1 GW NType cells to supply Heliene’s US cell requirement as well as Premier’s. With this […] Read more
PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push Updated On Thu, Jul 25th, 2024 by Saurenergy The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […] Read more
Saudi Arabia To The Rescue For Chinese Renewable Majors Updated On Wed, Jul 24th, 2024 by Saurenergy Hit by domestic overcapacity and sanctions in the US and other key markets, China’s leading green energy firms are looking to the Middle East to fill the holes. As the world’s largest solar and wind market, with the manufacturing capacity to boot, Chinese firms have been well established as global suppliers across every major market, […] Read more
Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
